Brian Brooks: What Crypto Needs to Know About the OCC
"Banks and the concept of what a bank is has to evolve to meet the times, and I think crypto came about at a certain moment in time for a reason. It happened just as the financial crisis was unfolding, just as there was the first inkling of a lack of confidence in fiat money - not in just the U.S. but around the world," said the government official.
They also discuss the digital dollar, the SEC's view on approving the long-awaited Bitcoin ETF, the role of the government regulations in the private sector, and creating a viable framework for cryptocurrency regulation in the U.S.
"I get that I might be running the post office today and I wanna be out front to adapt when email comes online."